Private investment funds in Montana
5 funds filed a Form D between Nov 6, 2024 and Nov 6, 2026, plus 2 single-deal vehicles (SPVs and co-investments). Largest cities: Bozeman (2), Missoula (1), Billings (1), Helena (1).
5private investment funds
4emerging managers
2first sale since 2025
$11.0Mmedian raised
Lists: Emerging private investment managers in Montana
All 5 private investment funds in Montana
Fund
First sale
Raised
Investors
Minimum
Offering
Macoto DCI, LP
Bozeman, MTEmerging
First saleJul 2026
Raised$21.5M
Investors6
Minimum$15K
Offering506(b)
Refuge Capital Fund Three, LLC
Missoula, MTEmerging
First saleNov 2024
Raised$11.0M
Investors74
Minimum$1K
Offering506(b)
Hyalite Capital Partners LLC.
Bozeman, MTEmerging
First saleAug 2023
Raised$338K
Investors5
Minimum$5K
Offering506(b)
CNW Capital Fund LLC
Billings, MTEmerging506(c)
First saleApr 2025
Raised$100K
Investors1
Minimum$25K
Offering506(c)
Renegade Capital Fund LLC
Helena, MT
First sale—
Raised$0
Investors0
Minimum$50K
Offering506(b)